Zai Lab Limited
ZLAB | NASDAQ
$26.43
+$0.73 (+2.84%)
At close: Sep 21, 2026, 4:00 PM ET
$26.50
+$0.07 (+0.26%)
After-hours:
Sep 21, 2026, 7:30 PM ET
Market Data
Market Cap $2.9B
Enterprise Value $2.62B
Beta 0.83
Average Volume 943.89K
Shares Outstanding (Diluted) 111.7M
Shares Change YoY 2.29%
Institutional Ownership 25.51%
Exchange NASDAQ
ISIN US98887Q1040
Price Performance
Price Change 1M 3.4%
Price Change 3M 42.9%
Price Change 6M 44.5%
Price Change YTD 52.5%
Price Change 1Y -20.3%
Price Change 3Y 8.0%
Price Change 5Y -78.0%
1M CAGR (ann.) 23.1%
1Y CAGR (ann.) -21.1%
5Y CAGR (ann.) -28.5%
All-Time CAGR -0.9%
Valuation
PE Ratio -14.68
Forward PE 424.50
PEG Ratio -0.19
Forward PEG 6.00
PS Ratio 6.64
Forward PS 5.80
PB Ratio 4.92
P/FCF Ratio -20.65
P/Adj. FCF Ratio -14.72
P/OCF Ratio -23.18
EV/Sales 5.83
EV/EBIT -14.19
EV/EBITDA -15.53
EV/FCF -18.14
Earnings Yield -6.8%
FCF Yield -4.8%
Adj. FCF Yield -6.8%
Financial Health
Net Cash $362.95M
Total Debt $254.58M
Cash & Short-Term Investments $617.52M
Total Assets $1.07B
Current Ratio 2.13
Quick Ratio 1.92
Debt / Equity Ratio 0.42
Debt / EBITDA -1.51
Debt / FCF -1.76
OCF / Debt -0.45
Interest Coverage -44.13
Altman Z-Score 0.56
Piotroski F-Score 3
Margins & Profitability
Gross Profit Margin 56.5%
Operating Profit Margin -58.7%
EBITDA Margin -45.4%
Net Profit Margin -41.9%
FCF Margin -32.1%
Adj. FCF Margin -45.1%
SBC / Revenue 13.0%
SBC Impact (per share) -40.3%
Returns
Return on Assets -17.5%
Return on Equity -27.4%
Return on Invested Capital -29.3%
Return on Capital Employed -40.8%
Return on Tangible Assets -19.1%
Historical Growth (CAGR)
Revenue CAGR 3Y 21.3%
Revenue CAGR 5Y 39.0%
Revenue CAGR 10Y 32.5%
EPS CAGR 3Y 112.8%
EPS CAGR 5Y 52.8%
EPS CAGR 10Y 9.1%
FCF CAGR 3Y 18.8%
FCF CAGR 5Y 28.0%
FCF CAGR 10Y -9.4%
Analyst Forecasts
Analyst Rating Buy
Analyst Count 11
EPS Growth Next 3Y 29.6%
Revenue Growth Next 3Y 29.1%
Earnings Date N/A
EPS Estimate (next Q) N/A
EPS Growth Est (next Q) N/A
Revenue Est (next Q) N/A
Revenue Growth Est (next Q) N/A
Fair Value Estimates
Graham Number N/A
Graham Upside N/A
Lynch Fair Value N/A
Lynch Upside N/A
Price Target $53.75
Price Target Upside 103.4%
Cash Flow
Operating Cash Flow $-115.52M
Free Cash Flow $-144.5M
Adj. Free Cash Flow $-202.79M
FCF Per Share -$1.21
OCF Per Share -$1.14
OCF/S Ratio -28.3%
Income Statement
Revenue $449.61M
Gross Profit $253.9M
Operating Income $-264M
EBITDA $-168.8M
Net Income $-188.21M
EPS (Diluted) -$1.80
Revenue / Employee $252.03K
Profit / Employee $-105.5K
Employees 1,784
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